9 January 2006
Shrub's War: The rising price tag
I remember reading months back that the cost of the Shrub's War would far exceed current estimates and reach a trillion bucks. A recent study has revised even that astronomical estimate, saying that the war will top $2 trillion (far above the White House's pre-war projections). The study takes into account long-term costs such as lifetime health care for thousands of wounded U.S. soldiers. I have no idea what a trillion dollars looks like but it doesn't strike me as a trifling sum. It's twice the GDP of all of Canada after all, and represents about two months of the U.S. GDP. I think we should have had a vote at the beginning of Shrub's War giving people the choice between a sustained war that will probably make the Iraqi situation worse, or an all-expenses-paid two-month vacation.
Posted by Karlo at 11:34 pm